Industry Segments: Financial Lines Page 2 / 9
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- October 25 2024
Dual Australia promotes Daniel Brown to head financial lines team
Sydney-based Brown was most recently New South Wales manager for the Howden-owned MGA.
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- October 25 2024
Pacific rates drop 6% in Q3 driven by declines in finpro, cyber and property lines: Marsh
Finpro premiums was down 14%, while cyber cover saw a 11% disclose and property declined 6% as increased competition and capacity weighed on ratings.
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- October 24 2024
Asia insurance rates drop 4% in Q3 led by finpro and cyber lines: Marsh
Finpro lines have seen decreases up to 30% in some cases as continued lack of activity in the capital markets limited insurers' opportunities for new business, according to the latest Global Insurance Market Index by the broker.
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- October 21 2024
Material headroom for growth in Asian financial and professional lines: Markel
Despite softening and macro challenges in some markets, areas like Hong Kong, Singapore and India are slightly further afield offering strong opportunities.
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- October 21 2024
Axa XL grows Australia presence with three senior hires in Perth
It has hired senior underwriters Chris McElroy from BHSI for property, Amanda Rattue from Vero for financial lines Trent Jeuring from Chubb for casualty.
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- October 10 2024
Newline continues Sydney expansion with Bec Smith hire
Smith will join the Lloyd's coverholder as professional indemnity underwriter, reporting to Australia head of the line Nick Beswick.
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- October 7 2024
Hartford Asia powers up financial lines underwriting with Melanie Ho hire
Based in Hong Kong, Ho joined from Chubb where she began her insurance career in 2021 as an assistant underwriter.
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- September 26 2024
Lockton names new Singapore CEO as Frederic Boles steps up to a regional role
Deven Lim has been promoted to chief executive effective October 1 as the Boles will transition into the role of regional head of professional and financial risks and credit for Asia.
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- September 26 2024
Generali GC&C bolsters Asia leadership with AIG and Lloyd’s hires
The insurer as appointed Winnie Chu from AIG as head of financial lines underwriting and Joshua Lynch from Lloyd's as head of business development.
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- September 23 2024
Allianz Commercial India hires Shweta Gadia to boost financial lines and cyber offering
Mumbai-based Shweta will report directly to the India CEO CB Murali with matrix reporting to Jenny Wilhelm, Asia head of financial lines, cyber and distribution for the carrier.
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- September 19 2024
Markel taps Allianz’s April Tam as senior underwriter, PFR and cyber
Hong Kong-based Tam has also been named head of financial institutions in Asia, and reports to Asia Pacific CUO Kevin Leung.
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- September 17 2024
Hong Kong’s Asia Insurance buoyant on D&O as reforms unleash demand
The city's proposed corporate governance revamp and the newly launched RBC regime will open up opportunities for professional lines, and trigger industry consolidation as compliance costs mount, according to CEO Winnie Wong.
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- September 9 2024
Zurich names new APAC financial lines and casualty heads in two senior appointments
The insurer has appointed Robin Cooper-Driver as head of financial lines and Edward Rayfield, who joins from AIG, as head of casualty for the region.
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- September 9 2024
Axa XL Hong Kong names Chloe Wang as underwriter for international financial lines
Wang has worked for Berkley Insurance Asia and Hawkes Bay Underwriting in Hong Kong before joining the specialty (re)insurer.
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- August 29 2024
Australian carriers’ H1 2024 capacity ample except for PFAS, US exposures: Marsh
The first half of the year saw improvement in market competition and the return of insurer choice for buyers, which had not been generally seen since 2017.
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- August 28 2024
Aon Hong Kong takes Naureen Rasul as director-financial services and professions group
In her new role, Rasul will be instrumental in driving the broker's growth in financial lines and cyber.
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- August 27 2024
WTW taps Aon’s Felicia Tan as associate director for financial solutions in Singapore
In her new role, Singapore-based Tan will lead the broker's financial institutions business and grow the firm's overall portfolio.
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- August 13 2024
Newline continues Sydney expansion with Andrew Yeung hire
Yeung, who has been promoted to Australia head of D&O, will relocate to Sydney from Melbourne and work closely with Nick Beswick, head of professional indemnity.
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- August 5 2024
Markel strengthens APAC team with four hires in Hong Kong and Singapore
Jenny Choi and Anna Tan join the carrier in Hong Kong as senior underwriters for casualty and fine art & specie, respectively, and Olga Wong and Isabelle Wong have been hired as senior underwriter for professional financial risk and cargo underwriter in Singapore, respectively.
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- July 25 2024
BHSI elevates Sharkey, Veanes to D&O managers for Northern and Southern Australia
Before their promotions, Sydney-based Michael Sharkey was underwriting manager for commercial lines while Hayden Veanes was underwriting manager for executive and professional lines.
